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Keppel buys Chennai office complex for $352.9m
Keppel buys Chennai office complex for $352.9m
The property will be used to attract investors to the Indian office market.
Jardine C&C’s H1 underlying profit drops 14%
Underlying earnings per share also dropped 14% to $1.70.
Singapore sales professionals allocate only 29% of time to customer interaction
About 73% of sales teams have either fully implemented or are experimenting with AI.
Jardine Matheson’s underlying profit sinks 33% in H1 2024
The decline was mainly due to weaker contributions from Hongkong Land.
Hongkong Land's losses widen by 150% as revaluations hit earnings
Loss for the period was US$833m.
FHT's Singapore RevPAR falls 7.2% YoY amidst easing travel demand
Occupancy also declined in 9M 2024.
CapitaLand unveils second phase of project Sycamore in Vietnam
This follows the launch of its first phase which sold 70% of its released units.
Margaret Drive residential site draws two bids at tender close
The highest bid was $497m.
DFI Retail Group profits more than double to $76m in H1 2024
The convenience and food divisions drove the increase.
Construction activity in Singapore hits low in Q2
There were fewer private residential and non-residential workloads.
Seatrium returns to profitability with $36m gain in H1 2024
H1 2024 is the company's first profitable period since its formation in 2023.
Singlife's GROW platform expands with low-fee JPMorgan fund
The share class is designed to help CPF members meet long-term retirement goals.
Hotel Properties opens first Four Seasons hotel in Japan
This is the group’s first hospitality asset in Japan.
Record total income lifts OCBC’s net profit to S$3.93b in H1
Interim dividend for the period is 44 cents, an increase of 4 cents.
Landed home price growth slows to 1.9% in Q2 2024
For the year, prices will not see more than 6% gains.
Daily Markets Briefing: STI down 0.91%; Top stock is Seatrium Ltd
Frasers L&C Tr is the top stock with a 3.03% increase.
MAS increases gold reserves by 4 tonnes in Q2
It was the sole central bank to register a gold reserve increase in the quarter.
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